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It doesn't change the fact that Medicare and Social Security are being paid for by current contributions. That money coming out of your check isn't getting sock
by bena 4y ago
It doesn't change the fact that Medicare and Social Security are being paid for by current contributions. That money coming out of your check isn't getting socked away for later, it's getting paid out now.
That's what she means and kind of what she literally said.
There are people who are paying into a system they will see no benefit from.
- gjsman-1000 4y agoHer main point is that "what goes around comes around." You might receive a $10K bailout, but later your taxes will help someone else. That's her principle behind her thinking on why this is OK. If you hurt now, it will benefit someone else; and when you are hurt, you will benefit from someone else hurting. I currently have very little confidence long-term that this will happen. Right now, I have 0% confidence in Social Security and Medicare existing when I am old. 0%. That money is, as far as I know, going away and I'm never seeing it again. The statistics back me up on this. Furthermore, this bailout, it will absolutely be repeated. There is never a one-time bailout that doesn't address the underlying cause without happening again in politics.